Your comments - best online tax preparation software for 2009 turbotax vs taxcutLatest responses to “Tax Preparation Software: Compare the Best Online Tax Preparation”Copyright 2018, MoneyBlueBook.comGary says: 4027302010-02-19T21:55:26-08:00GaryI believe I have found an error in calculation by H&R Block's tax program, which is not a math error, but more a logic/method of calculation error. It pertains to Colorado Income Tax, Pension-Annuity Subtraction Line on the Colorado 104.chip says: 4026802010-02-17T00:12:46-08:00chipNeither H&R bor intuit can handle more than the basic that you could without them. case in point, 2,000,000 plus tax payers in the GOZ (mostly Katrina) have individual NOL caryovers (eg. http://www.missouribusiness.net/irs/taxmap/pubs/p536-002.htm). Defy you to find a way to input these carryovers into their systems. These carryovers represent huge tax savings for applicable taxpayers.tommy says: 4027102010-01-26T03:15:10-08:00tommyTURBO TAX...i dont understand why they say free efile ...in reality...i had to pay..65 for turbo tax software ....and 35 to file fed...and anothe 20 to file state....dont understand why the say its free efile...how...do you do this......why can we only prepare 5 returns...what happens when you prepare and file ..6 or 7 returns...anyoneStan says: 4027202010-01-25T17:12:05-08:00StanI'd like to add TaxAct to the list...the online version is easy and has always been accurate.Tess says: 4027402010-01-09T20:04:36-08:00TessYoni,
I have experienced 'professional' preparers, who made errors and caused a back payment notice from the IRS.
So I went with an accounting firm. They never made errors. They told me about tax savings. BUT every year they seemed to increase their prep fee by $100. I realized all they were doing was plugging in the financial figures into their computer. I was doing the bulk of the work, busting my butt to compile those figures.
So I bought turbotax. The program had many of the same tax savings ideas as the accountant, was hundreds of dollars cheaper than the accountant's fees, and I could work on it at my leisure (no stress over whether the accountant would finish my taxes if I didn't get stuff to him early).
Downside: tech support is not helpful (they don't know the program any better than you do), the windows are not easy to navigate, and last year the program crashed as I was saving the file. The program wrote over the file with a blank one, and I had to file an extension and redo my taxes. It took a long time to use the first year, but the second year I figured would be easier. NO. They changed the program--was like learning it all over again.
Bottom line: if you have complicated taxes (tons of investments, unusual income, property purchase/sale, own a business, etc.) an accountant can give advise, and manage how the items affect your taxes years later to save you money. You can read up and do this yourself from the IRS. It takes time.
If you don't fall in the category above, do it yourself. Accountant probably won't save you enough.Yoni says: 4027002010-01-08T23:03:03-08:00YoniDoes anyone know if you might get a bigger refund if they went to a pro tax preparer rather than doing it themseves with turbotax?MaryK says: 4027502010-01-06T11:00:22-08:00MaryKTurbotax online is not giving me the option of importing my data from 2009 desktop version. Does anyone know why?Koby says: 4026702009-12-14T19:54:05-08:00KobyThanks for providing grids that detail federal pricing and then federal + state pricing. It helps consumers compare the products of TurboTax and H&R Block more appropriately.Reply to Amol says: 4026902009-11-22T19:12:49-08:00Reply to Amolamol - if that's who you are - if your message was supposed to be a joke it wasn't funny! if it wasn't supposed to be a joke, i'm speechless.amol paithankar says: 4026202009-11-03T09:18:08-08:00amol paithankarhi this is amol.i have work in USA in march-may 2008 in the mc donalds corporation.my social security number is 771-70-8562.thanks,give the imediete reply...